Geothermal Resource Clause Samples

The 'Geothermal Resource' clause defines what constitutes a geothermal resource within the context of the agreement. It typically specifies the types of subsurface heat, steam, or fluids that are covered, such as naturally occurring hot water, steam, or brines found beneath the earth's surface. This clause clarifies the scope of resources subject to the contract, ensuring that both parties understand which materials or energy sources are included, thereby preventing disputes over resource rights and usage.
Geothermal Resource. Except for the Resource Sublease, the Resource Sublease Partial Assignment, the Sublease of Resource Sublease and the Sub-Sublease of Resource Sublease, there are no contracts or agreements to which Lessee is a party providing for the sale or transfer of the Geothermal Resource.
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Geothermal Resource. The Seller will provide for a continuous reliable geothermal resource and reinjection facilities necessary to operate the Expansion Facility.
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Geothermal Resource. Each of the following shall have occurred with respect to the geothermal resource: (i) the Borrower is diligently pursuing the Drilling Program, (ii) the Borrower shall be in compliance with the Reservoir Monitoring Plan and (iii) OPIC shall have received the Reservoir Monitoring Report most recently required to be delivered pursuant to Section 6.02(e) hereof.
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Geothermal Resource. The Borrower shall be in compliance with the Drilling Program and be in compliance with the Reservoir Monitoring Plan.
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Related to Geothermal Resource

  • Additional Resources The WLSC may establish workgroups that include other department representatives and/or subject matter experts. These subcommittees shall conform with rules established by the WLSC.

  • PROJECT FINANCIAL RESOURCES i) Local In-kind Contributions $0 ii) Local Public Revenues $200,000 iii) Local Private Revenues iv) Other Public Revenues: $0 - ODOT/FHWA $0 - OEPA $0 - OWDA $0 - CDBG $0 - Other $0 v) OPWC Funds: - Loan Assistance $0

  • Cultural Resources If a cultural resource is discovered, the Purchaser shall immediately suspend all operations in the vicinity of the cultural resource and notify the Forest Officer. Operations may only resume if authorized by the Forest Officer. Cultural resources identified and protected elsewhere in this contract are exempted from this clause. Cultural resources, once discovered or identified, are not to be disturbed by the Purchaser, or his, her or its employees and/or sub- contractors.

  • Natural Gas 21.1 Subject to Article 21.2, the Indian domestic market shall have the first call on the utilisation of Natural Gas discovered and produced from the Contract Area. Accordingly, any proposal by the Contractor relating to Discovery and production of Natural Gas from the Contract Area shall be made in the context of the Government's policy for the utilisation of Natural Gas and shall take into account the objectives of the Government to develop its resources in the most efficient manner and to promote conservation measures. 21.2 The Contractor shall have the right to use Natural Gas produced from the Contract Area for the purpose of Petroleum Operations including reinjection for pressure maintenance in Oil Fields, gas lifting and captive power generation required for Petroleum Operations. 21.3 For the purpose of sales in the domestic market pursuant to this Article 21, the Contractor shall have freedom to market the Gas and sell its entitlement.

  • Energy Cooperation shall focus on: (a) renewable energy; (b) promoting the saving of energy; (c) applied research relating to networks of databases linking the two Parties' economic and social operators; (d) backing efforts to modernise and develop energy networks and the interconnection of such networks with Community networks.